3-bedroom house · NR12 9QP
Sold STCListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SOLD AT AUCTION - £200,500 A three bedroom detached bungalow in ready to move into condition, ideal for retirement, first purchase or as an investment An established three bedroom detached bungalow in a popular residential area now vacant having been tenanted for a number of years.
It is in good order throughout with modern kitchen and bathroom fittings, spacious south facing lounge and ample off road parking. The property has oil central heating and is fully double glazed.
Sutton adjoins the busy Broadland market town of Stalham and is well placed for access to the North Norfolk coastline and to the City of Norwich.
Accommodation Side hall, lounge, kitchen, bathroom, three bedrooms. Outside Mainly lawned front garden with side driveway to garage and enclosed rear garden.
Council Tax Band C Viewings Open viewings are arranged and the next are on Thursday 19 March. To book an appointment please call the Norwich office.
Tenure: Freehold EPC Rating: D Administration Fee: £1200 inc VAT payable on exchange of contracts. Buyer's Premium Fee: £600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 5 Laxfield Road, Sutton, Norwich, Norfolk NR12 9QP
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